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BCRUA_R-23-11-15-6AQUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Ja n - 1 8 Ap r - 1 8 Ju l - 1 8 Oc t - 1 8 Ja n - 1 9 Ap r - 1 9 Ju l - 1 9 Oc t - 1 9 Ja n - 2 0 Ap r - 2 0 Ju l - 2 0 Oc t - 2 0 Ja n - 2 1 Ap r - 2 1 Ju l - 2 1 Oc t - 2 1 Ja n - 2 2 Ap r - 2 2 Ju l - 2 2 Oc t - 2 2 Ja n - 2 3 Ap r - 2 3 Ju l - 2 3 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 M o n t h 1 Y e a r 2 Y e a r 3 Y e a r 5 Y e a r 7 Y e a r 10 Y e a r 30 Y e a r September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date 1 98 days WAM at Ending Period Date 1 67 days Change in Market Value 2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0%Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds)4.32% Your Portfolio Statistics Do l l a r s I n v e s t e d Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51%49%0%0%0%0% - 10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 -Portfolio Summary % of Portfolio Book ValueInvestmentsMarket Value Par Value Days to MaturityTerm YTM 365 Equiv. BNY CASH 1,535,130.48 11.23 5.22011,535,130.481,535,130.48 Commercial Paper Disc. -Amortizing 21,269,135.01 13017.00 5.6287121,261,109.5021,500,000.00 Federal Agency Coupon Securities 25,007,466.24 44219.99 4.76619824,890,169.2525,000,000.00 Treasury Coupon Securities 14,992,361.94 73011.98 1.02912214,776,757.8515,000,000.00 TexSTAR 49,663,333.86 139.69 5.311149,663,333.8649,663,333.86 Wells Fargo 12,645,940.86 110.11 1.090112,645,940.8612,645,940.86 125,113,368.39 100.00%Investments 124,772,441.80125,344,405.20 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Fiscal Year EndingTotal Earnings Month Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU APData Updated: SET_BCRU: 10/30/2023 13:10 Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 - 13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 -September 30, 2023 Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average YTM 365Book Value Fund: Construction Funds Money Market 0.00 0.00 010.0000.00 TexSTAR 11,144,080.58 8.91 145.31011,144,080.58 Wells Fargo 11,754,434.57 9.40 121.09011,754,434.57 Subtotal 7 22,898,515.15 18.31 13.14422,898,515.15 Fund: Construction Funds- 2018 SWIFT TexSTAR 162,540.25 0.13 125.311162,540.25 Subtotal 2 162,540.25 0.13 15.311162,540.25 Fund: Construction Funds- 2021 Commercial Paper Disc. -Amortizing 21,269,135.01 17.00 7145.62821,500,000.00 TexSTAR 20,572,386.80 16.44 125.31020,572,386.80 Subtotal 6 41,841,521.81 33.44 375.47242,072,386.80 Fund: Construction Funds- 2022 SWIFT Federal Agency Coupon Securities 25,007,466.24 19.99 19824.76625,000,000.00 TexSTAR 15,140,992.06 12.10 115.31015,140,992.06 Subtotal 3 40,148,458.30 32.09 1244.97240,140,992.06 Fund: Escrow Funds TexSTAR 0.00 0.00 020.0000.00 Subtotal 2 0.00 0.00 00.0000.00 Fund: Escrow Funds - 2018 BNY CASH 490.95 0.00 114.970490.95 TexSTAR 163,449.89 0.13 125.310163,449.89 Subtotal 3 163,940.84 0.13 15.309163,940.84 Fund: Escrow Funds - 2021 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average YTM 365Book Value Fund: Escrow Funds - 2021 BNY CASH 1,534,639.53 1.23 125.2201,534,639.53 Treasury Coupon Securities 14,992,361.94 11.98 12211.02915,000,000.00 Subtotal 3 16,527,001.47 13.21 1111.41816,534,639.53 Fund: Escrow Funds - 2022 BNY CASH 0.00 0.00 010.0000.00 Subtotal 1 0.00 0.00 00.0000.00 Fund: Operating Funds TexSTAR 2,479,884.28 1.98 115.3112,479,884.28 Wells Fargo 891,506.29 0.71 111.090891,506.29 Subtotal 2 3,371,390.57 2.69 14.1943,371,390.57 Total and Average 29 125,113,368.39 100.00 674.315125,344,405.20 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 - September 30, 2023 Fund CON - Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current RateMarket ValueCUSIPInvestment #Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR TexStar Master10252 7,975,525.592461110300 15.31101/01/2018 7,975,525.59 5.237 5.3107,975,525.59 TexSTAR - Cedar Park10006 0.00246131030000 13.96810/15/2009 0.00 3.913 3.9680.00 TexSTAR - Leander10007 3,168,554.99246141030000 15.31110/15/2009 3,168,554.99 5.237 5.3103,168,554.99 TexSTAR - Round Rock10008 0.00246161030000 110/15/2009 0.000.00 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market NexBank ICS - Round Rock10315 0.006095A 109/05/2019 0.000.00 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo Wells Fargo Bus Chkg - C Park10204 6,645,716.278940 11.09008/02/2016 6,645,716.27 1.075 1.0906,645,716.27 Wells Fargo Bus Chkg - Leander10205 5,108,718.308932 11.09008/01/2016 5,108,718.30 1.075 1.0905,108,718.30 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund CON18 - Construction Funds- 2018 SWIFT Investments by Fund Page 2 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR TexSTAR - Cedar Park10289 162,540.252461320180 15.31103/07/2019 162,540.25 5.237 5.310162,540.25 TexSTAR - Leander10290 0.002461420180 103/04/2019 0.000.00 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund CON21 - Construction Funds- 2021 Investments by Fund Page 3 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing MUFG Bank CP - Cedar Park10353 6,500,000.0062479MYT4 11/27/2023 575.48008/24/2023 6,442,884.50 5.560 5.6376,443,601.67 Nat'l Sec Clearing Cedar Park10351 5,000,000.0063763QYF8 11/15/2023 455.38008/24/2023 4,964,850.00 5.447 5.5234,966,375.00 Toyota Puerto Rico-Cedar Park10352 5,000,000.008923A1YL9 11/20/2023 505.46008/24/2023 4,961,020.00 5.533 5.6104,962,083.34 Toronto Dominion CP-Cedar Park10350 5,000,000.0089119ABG2 02/16/2024 1385.37005/25/2023 4,892,355.00 5.661 5.7394,897,075.00 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR TexSTAR - Cedar Park10334 14,158,838.302461120211 15.31102/01/2022 14,158,838.30 5.237 5.31014,158,838.30 TexSTAR - Leander10335 6,413,548.502461120210 15.31102/01/2022 6,413,548.50 5.237 5.3106,413,548.50 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund CON22 - Construction Funds- 2022 SWIFT Investments by Fund Page 4 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities FHLB Note - Leander10345 10,000,000.003130ATVC8 06/14/2024 2574.87501/30/2023 9,941,734.90 4.624 4.68810,011,820.32 FHLB Note - Leander10346 15,000,000.003130ATUQ8 03/08/2024 1594.75001/31/2023 14,948,434.35 4.752 4.81814,995,645.92 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR TexSTAR - Leander10347 15,140,992.062461110301 15.31101/12/2023 15,140,992.06 5.237 5.31015,140,992.06 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund ESC - Escrow Funds Investments by Fund Page 5 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR TexSTAR - Leander10001 0.00246122009001 110/01/2009 0.000.00 TexSTAR - Round Rock10002 0.00246122009002 11.40110/01/2009 0.00 1.381 1.4010.00 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund ESC18 - Escrow Funds - 2018 Investments by Fund Page 6 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH BNY Cash - Cedar Park10270 490.9599997 14.97010/01/2022 490.95 4.901 4.970490.95 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR TexSTAR - Cedar Park10284 163,449.892461220180 15.31102/15/2019 163,449.89 5.237 5.310163,449.89 TexSTAR - Leander10285 0.002461220181 102/28/2019 0.000.00 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund ESC21 - Escrow Funds - 2021 Investments by Fund Page 7 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH BNY Cash - Cedar Park10329 1,145,254.70999910 15.22010/01/2022 1,145,254.70 5.148 5.2201,145,254.70 BNY Cash - Leander10330 389,384.83999911 15.22010/01/2022 389,384.83 5.148 5.220389,384.83 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities T Note - Cedar Park10332 15,000,000.0091282CDV0 01/31/2024 1220.87501/31/2022 14,776,757.85 1.015 1.02914,992,361.94 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund ESC22 - Escrow Funds - 2022 Investments by Fund Page 8 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH BNY Cash - Leander10344 0.00999912 111/29/2022 0.000.00 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current RateMarket Value Fund OPER - Operating Funds Investments by Fund Page 9 CUSIP Investment #Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR TexStar Master10254 2,479,884.282461111110 15.31101/01/2018 2,479,884.28 5.237 5.3102,479,884.28 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo Wells Fargo Bus Chkg - Oper10199 891,506.295125 11.09005/26/2016 891,506.29 1.075 1.090891,506.29 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 - 13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 - Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 - September 30, 2023 Par Value Cash Trans. TypeInvestment #Fund Security ID Trans. Date Security Description Maturity Date Interest RedemptionsPurchases 01/31/20241033207/31/2023 InterestESC21 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat.0.00 65,625.00 0.00 65,625.00 08/17/20231034808/17/2023 MaturityCON21 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/20231034908/18/2023 MaturityCON21 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat.0.00 0.00 5,000,000.00 5,000,000.00 08/24/20231034208/24/2023 InterestCON21 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat.0.00 8,125.00 0.00 8,125.00 08/24/20231034208/24/2023 MaturityCON21 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat.0.00 0.00 6,500,000.00 6,500,000.00 11/15/20231035108/24/2023 PurchaseCON21 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat.-4,937,980.56 0.00 0.00 -4,937,980.56 11/20/20231035208/24/2023 PurchaseCON21 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat.-4,933,266.67 0.00 0.00 -4,933,266.67 11/27/20231035308/24/2023 PurchaseCON21 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat.-6,406,002.78 0.00 0.00 -6,406,002.78 03/08/20241034609/08/2023 InterestCON22 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat.0.00 356,250.00 0.00 356,250.00 09/20/20231033809/20/2023 InterestCON21 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat.0.00 103,125.00 0.00 103,125.00 09/20/20231033809/20/2023 MaturityCON21 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat.0.00 0.00 5,000,000.00 5,000,000.00 09/26/20231034009/26/2023 InterestCON21 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat.0.00 139,750.00 0.00 139,750.00 09/26/20231034109/26/2023 InterestCON21 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat.0.00 107,500.00 0.00 107,500.00 09/26/20231034009/26/2023 MaturityCON21 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat.0.00 0.00 6,500,000.00 6,500,000.00 09/26/20231034109/26/2023 MaturityCON21 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat.0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 - 11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 - Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund - Issuer July 1, 2023 - September 30, 2023 Original Par Value Ending Book Value Sec. TypeFund Maturity YTM Accrued Interest at PurchasePayment Periods DateCUSIPInvestment #Issuer Purchase Date Principal Purchased Rate at Purchase Construction Funds- 2021 6,500,000.00 5.480 11/27/2023 6,443,601.676,406,002.7808/24/2023 5.56011/27 - At MaturityMUFGCP1035362479MYT4ACPCON21 5,000,000.00 5.380 11/15/2023 4,966,375.004,937,980.5608/24/2023 5.44811/15 - At MaturityNSCCCP1035163763QYF8ACPCON21 5,000,000.00 5.460 11/20/2023 4,962,083.344,933,266.6708/24/2023 5.53411/20 - At MaturityTCPRCP103528923A1YL9ACPCON21 Subtotal 16,372,060.0116,277,250.01 0.0016,500,000.00 16,277,250.01Total Purchases 16,500,000.00 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 - 11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 - Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 - September 30, 2023 Rate at MaturityPar Value Sec. TypeFund Maturity Date Maturity ProceedsInterest Income Net CUSIP Investment #Issuer Purchase Date Book Value at Maturity 10,000,000.00 10,000,000.000.0002/17/2023TBCP10348912796Z36ATDCON2108/17/2023 0.0010,000,000.00 5,000,000.00 5,000,000.000.0002/17/2023MUFGCP1034962479MVJ9ACPCON2108/18/2023 0.005,000,000.00 6,500,000.00 0.250 6,508,125.008,125.0009/28/2022FHMCP103423137EAEV7FACCON2108/24/2023 8,125.006,500,000.00 5,000,000.00 4.125 5,103,125.00103,125.0009/20/2022FHLBLE103383130ATFF9FACCON2109/20/2023 103,125.005,000,000.00 6,500,000.00 4.300 6,639,750.00139,750.0009/27/2022FHLBCP103403130ATGX9AFACCON2109/26/2023 139,750.006,500,000.00 5,000,000.00 4.300 5,107,500.00107,500.0009/27/2022FHLBLE103413130ATGX9BFACCON2109/26/2023 107,500.005,000,000.00 38,358,500.00Total Maturities 38,000,000.00 358,500.0038,000,000.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 - 11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 -Sorted by Fund - Fund July 1, 2023 - September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value EndingSecurity TypeFund Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/ Earnings Adjusted InterestAnnualized YieldCUSIPInvestment # Interest Earned Fund: Construction Funds 0.00100080.00RRP 3,089.28 0.00 3,089.280.562CON2,179,998.88246161030000 3,168,554.99100073,168,554.99 5.311RRP 41,953.72 0.00 41,953.725.220CON3,188,688.54246141030000 5,108,718.30102055,108,718.30 1.090RR5 1,741.83 0.00 1,741.832.348CON294,265.268932 6,645,716.27102046,645,716.27 1.090RR5 9,187.56 0.00 9,187.56***.***CON 2.458940 7,975,525.59102527,975,525.59 5.311RRP 114,868.02 0.00 114,868.026.137CON7,425,803.422461110300 0.00103150.00RR4 10,381.78 0.00 10,381.781.501CON2,744,923.536095A 22,898,515.15Subtotal 22,898,515.15 4.541 181,222.190.00181,222.1915,833,682.08 Fund: Construction Funds- 2018 SWIFT 162,540.2510289162,540.25 5.311RRP 3,726.75 0.00 3,726.752.883CON18512,844.822461320180 0.00102900.00RRP 1,842.85 0.00 1,842.851.703CON18429,206.352461420180 162,540.25Subtotal 162,540.25 2.346 5,569.600.005,569.60942,051.17 Fund: Construction Funds- 2021 14,158,838.301033414,158,838.30 5.311RRP 146,017.91 0.00 146,017.914.299CON2113,477,022.012461120211 6,413,548.50103356,413,548.50 5.311RRP 61,820.49 0.00 61,820.492.997CON218,184,769.942461120210 0.00103400.00 4.300FAC09/26/2023 65,993.06 637.91 66,630.974.301CON216,499,362.093130ATGX9A 0.00103410.00 4.300FAC09/26/2023 50,763.89 490.70 51,254.594.301CON214,999,509.303130ATGX9B 0.00103380.00 4.125FAC09/20/2023 45,260.42 0.00 45,260.424.079CON215,000,000.003130ATFF9 0.00103420.00 0.250FAC08/24/2023 2,392.36 37,215.51 39,607.874.142CON216,462,784.493137EAEV7 0.00103480.00ATD 08/17/2023 0.00 62,592.84 62,592.844.892CON219,937,407.16912796Z36 0.00103490.00ACP 08/18/2023 0.00 33,066.67 33,066.675.062CON214,966,933.3362479MVJ9 6,443,601.67103536,500,000.00 5.480ACP11/27/2023 0.00 37,598.89 37,598.895.638CON210.0062479MYT4 4,897,075.00103505,000,000.00 5.370ACP02/16/2024 0.00 68,616.67 68,616.675.638CON214,828,458.3389119ABG2 4,966,375.00103515,000,000.00 5.380ACP11/15/2023 0.00 28,394.44 28,394.445.523CON210.0063763QYF8 4,962,083.34103525,000,000.00 5.460ACP11/20/2023 0.00 28,816.67 28,816.675.611CON210.008923A1YL9 42,072,386.80Subtotal 41,841,521.81 4.432 669,678.43297,430.30372,248.1364,356,246.65 Portfolio BCRU AP Run Date: 10/31/2023 - 10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value EndingSecurity TypeFund Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/ Earnings Adjusted Interest July 1, 2023 - September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized YieldCUSIPInvestment # Interest Earned Fund: Construction Funds- 2022 SWIFT 15,140,992.061034715,140,992.06 5.311RRP 198,216.43 0.00 198,216.435.263CON2214,942,775.632461110301 10,011,820.321034510,000,000.00 4.875FAC06/14/2024 121,875.00 -4,204.86 117,670.144.661CON2210,016,025.183130ATVC8 14,995,645.921034615,000,000.00 4.750FAC03/08/2024 178,125.00 2,495.97 180,620.974.779CON2214,993,149.953130ATUQ8 40,140,992.06Subtotal 40,148,458.30 4.931 496,507.54-1,708.89498,216.4339,951,950.76 Fund: Escrow Funds - 2018 163,449.8910284163,449.89 5.311RRP 2,139.75 0.00 2,139.755.263ESC18161,310.142461220180 490.9510270490.95 4.970LA1 400.27 0.00 400.27***.***ESC18 92.3499997 163,940.84Subtotal 163,940.84 6.244 2,540.020.002,540.02161,402.48 Fund: Escrow Funds - 2021 1,145,254.70103291,145,254.70 5.220LA1 14,521.74 0.00 14,521.745.406ESC211,065,649.75999910 389,384.8310330389,384.83 5.220LA1 5,028.98 0.00 5,028.985.190ESC21384,449.32999911 14,992,361.941033215,000,000.00 0.875TRC01/31/2024 32,989.84 5,759.84 38,749.681.026ESC2114,986,602.1091282CDV0 16,534,639.53Subtotal 16,527,001.47 1.407 58,300.405,759.8452,540.5616,436,701.17 Fund: Operating Funds 891,506.2910199891,506.29 1.090RR5 6,926.06 0.00 6,926.060.697OPER3,941,829.695125 2,479,884.28102542,479,884.28 5.311RRP 42,034.16 0.00 42,034.165.897OPER2,827,760.062461111110 3,371,390.57Subtotal 3,371,390.57 2.869 48,960.220.0048,960.226,769,589.75 125,344,405.20Total 125,113,368.39 4.144 1,462,778.40301,481.251,161,297.15144,451,624.06 Portfolio BCRU AP Run Date: 10/31/2023 - 10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 -July 1, 2023 - September 30, 2023 Sorted By Fund - Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized This PeriodAmort. DateFund Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds- 2021 -2,694.25103406,500,000.00 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 637.91 0.006,497,305.75 FHLB Note - Cedar Park 2,694.25 -2,072.50103415,000,000.00 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 490.70 0.004,997,927.50 FHLB Note - Leander 2,072.50 -228,910.50103426,500,000.00 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 37,215.51 0.006,271,089.50 FHLMC Note - Cedar Park 228,910.50 -125,377.78103495,000,000.0008/18/2023 0.00 92,311.11 -33,066.67 CON21 33,066.67 0.004,874,622.22 MUFG Bank CP - Cedar Park 125,377.78 -93,997.22103536,500,000.00 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 37,598.89 -56,398.336,406,002.78 MUFG Bank CP - Cedar Park 37,598.89 -62,019.44103515,000,000.00 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 28,394.44 -33,625.004,937,980.56 Nat'l Sec Clearing Cedar Park 28,394.44 -241,049.031034810,000,000.0008/17/2023 0.00 178,456.19 -62,592.84 CON21 62,592.84 0.009,758,950.97 T Bill - Cedar Park 241,049.03 -66,733.33103525,000,000.00 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 28,816.67 -37,916.664,933,266.67 Toyota Puerto Rico-Cedar Park 28,816.67 -199,137.50103505,000,000.00 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 68,616.67 -102,925.004,800,862.50 Toronto Dominion CP-Cedar Park 96,212.50 -1,021,991.55 297,430.30Subtotal21,269,135.01 493,696.26 -528,295.29 -230,864.9953,478,008.45 791,126.56 Construction Funds- 2022 SWIFT 23,080.001034510,000,000.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 -4,204.86 11,820.3210,023,080.00 FHLB Note - Leander -11,259.68 -11,010.001034615,000,000.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 2,495.97 -4,354.0814,988,990.00 FHLB Note - Leander 6,655.92 12,070.00 -1,708.89Subtotal25,007,466.24 -2,894.87 9,175.13 7,466.2425,012,070.00 -4,603.76 Escrow Funds - 2021 -45,703.121033215,000,000.00 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 5,759.84 -7,638.0614,954,296.88 T Note - Cedar Park 38,065.06 -45,703.12 5,759.84Subtotal14,992,361.94 32,305.22 -13,397.90 -7,638.0614,954,296.88 38,065.06 Portfolio BCRU AP Run Date: 10/31/2023 - 11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 - September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized This PeriodAmort. DateFund Page 2Amortization Schedule Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 301,481.2561,268,963.19 523,106.61 -532,518.06 -231,036.8193,444,375.33Total 824,587.86 Portfolio BCRU AP Run Date: 10/31/2023 - 11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 -Sorted by Monthly For the Period October 1, 2023 - April 30, 2024 InterestOriginal CostSecurity ID TotalPrincipalFund Transaction TypeInvestment #Issuer Par Value Projected Trans. Date November 2023 Nat'l Sec Clearing Cedar Park1035163763QYF8 5,000,000.005,000,000.0011/15/2023 CON21 0.00Maturity4,937,980.56 5,000,000.00 Toyota Puerto Rico-Cedar Park103528923A1YL9 5,000,000.005,000,000.0011/20/2023 CON21 0.00Maturity4,933,266.67 5,000,000.00 MUFG Bank CP - Cedar Park1035362479MYT4 6,500,000.006,500,000.0011/27/2023 CON21 0.00Maturity6,406,002.78 6,500,000.00 Total for November 2023 16,500,000.0016,500,000.00 0.0016,277,250.01 16,500,000.00 December 2023 FHLB Note - Leander103453130ATVC8 0.000.0012/14/2023 CON22 243,750.00Interest0.00 243,750.00 Total for December 2023 0.000.00 243,750.000.00 243,750.00 January 2024 T Note - Cedar Park1033291282CDV0 15,000,000.0015,000,000.0001/31/2024 ESC21 65,625.00Maturity14,954,296.88 15,065,625.00 Total for January 2024 15,000,000.0015,000,000.00 65,625.0014,954,296.88 15,065,625.00 February 2024 Toronto Dominion CP-Cedar Park1035089119ABG2 5,000,000.005,000,000.0002/16/2024 CON21 0.00Maturity4,800,862.50 5,000,000.00 Total for February 2024 5,000,000.005,000,000.00 0.004,800,862.50 5,000,000.00 March 2024 FHLB Note - Leander103463130ATUQ8 15,000,000.0015,000,000.0003/08/2024 CON22 356,250.00Maturity14,988,990.00 15,356,250.00 Total for March 2024 15,000,000.0015,000,000.00 356,250.0014,988,990.00 15,356,250.00 51,500,000.0051,500,000.00 665,625.0051,021,399.39 52,165,625.00GRAND TOTALS: Portfolio BCRU AP Run Date: 10/31/2023 - 11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 - Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 - September 30, 2023 Redemptions Change in Value Book ValueInv #Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/ Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 / /41,953.72 3,188,688.54 3,168,554.99-20,133.5562,087.2741,953.72 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 / /3,089.28 2,179,998.88 0.00-2,179,998.884,938,393.472,758,394.59 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 / /9,187.56 2.45 6,645,716.276,645,713.8238,011,348.7444,657,062.56 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 / /1,741.83 294,265.26 5,108,718.304,814,453.045,754,163.7910,568,616.83 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 / /114,868.02 7,425,803.42 7,975,525.59549,722.1719,051,240.9419,600,963.11 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 / /10,381.78 2,744,923.53 0.00-2,744,923.532,755,305.3110,381.78 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 22,898,515.157,064,833.0770,572,539.5277,637,372.59 Sub Totals For: Fund: Construction Funds Fund: Construction Funds- Portfolio BCRU Run Date: 10/31/2023 - 11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 - September 30, 2023 Page 2Texas Compliance Change in Val Report Brushy Creek Reg. Utility Auth Inv #Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/ Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.000.000.00 Sub Totals For: Fund: Construction Funds- Fund: Construction Funds- 10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 / /3,726.75 512,844.82 162,540.25-350,304.57354,031.323,726.75 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 / /1,842.85 429,206.35 0.00-429,206.35431,049.201,842.85 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 162,540.25-779,510.92785,080.525,569.60 Sub Totals For: Fund: Construction Funds- Fund: Construction Funds- 10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 / /146,017.91 13,477,022.01 14,158,838.30681,816.2921,537,828.0122,219,644.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 / /61,820.49 8,184,769.94 6,413,548.50-1,771,221.448,017,721.696,246,500.25 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00-4,982,575.655,000,000.000.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00-6,478,131.406,500,000.000.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00-4,983,178.005,000,000.000.00 Portfolio BCRU Run Date: 10/31/2023 - 11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 - September 30, 2023 Page 3Texas Compliance Change in Val Report Brushy Creek Reg. Utility Auth Inv #Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/ Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00-6,454,425.256,500,000.000.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00-9,935,431.2010,000,000.000.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00-4,964,270.005,000,000.000.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 4,892,355.0072,440.000.000.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,964,850.004,964,850.000.004,937,980.56 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,961,020.004,961,020.000.004,933,266.67 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,442,884.506,442,884.500.006,406,002.78 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 41,833,496.30-22,446,222.1567,555,549.7044,743,394.56 Sub Totals For: Fund: Construction Funds- Fund: Construction Funds- 10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 9,941,734.90-306.700.000.00 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 14,948,434.3521,728.250.000.00 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 / /198,216.43 14,942,775.63 15,140,992.06198,216.430.00198,216.43 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 40,031,161.31219,637.980.00198,216.43 Sub Totals For: Fund: Construction Funds- Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 - 11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 - September 30, 2023 Page 4Texas Compliance Change in Val Report Brushy Creek Reg. Utility Auth Inv #Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/ Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.000.000.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.000.000.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds - 2017 Portfolio BCRU Run Date: 10/31/2023 - 11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 - September 30, 2023 Page 5Texas Compliance Change in Val Report Brushy Creek Reg. Utility Auth Inv #Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/ Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.000.000.00 Sub Totals For: Fund: Escrow Funds - 2017 Fund: Escrow Funds - 2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 / /398.61 92.34 490.95398.61370,750.50371,149.11 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 / /2,139.75 161,310.14 163,449.892,139.750.002,139.75 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 163,940.842,538.36370,750.50373,288.86 Sub Totals For: Fund: Escrow Funds - 2018 Fund: Escrow Funds - 2021 Portfolio BCRU Run Date: 10/31/2023 - 11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 - September 30, 2023 Page 6Texas Compliance Change in Val Report Brushy Creek Reg. Utility Auth Inv #Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/ Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 / /13,979.95 1,065,649.75 1,145,254.7079,604.950.0079,604.95 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 / /4,935.51 384,449.32 389,384.834,935.510.004,935.51 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 14,776,757.85163,476.600.000.00 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 16,311,397.38248,017.060.0084,540.46 Sub Totals For: Fund: Escrow Funds - 2021 Fund: Escrow Funds - 2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 / /0.00 0.00 0.000.000.000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.000.000.00 Sub Totals For: Fund: Escrow Funds - 2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 / /6,926.06 3,941,829.69 891,506.29-3,050,323.4037,732,730.1834,682,406.78 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 / /42,034.16 2,827,760.06 2,479,884.28-347,875.781,234,226.94886,351.16 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 3,371,390.57-3,398,199.1838,966,957.1235,568,757.94 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 124,772,441.80-19,088,905.78178,250,877.36158,611,140.44 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 - 11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy. Full page photo QUARTERLY INVESTMENT REPORT Brushy Creek RUA SEPTEMBER 30, 2023 Loosening Labor Market & Inflation Rate Trending Lower Following a quiet August, September saw economic data surprise to the upside. Both inflation and jobs data showed that the economy is still on solid ground albeit growing at a slower pace than in 2022. While coming in above expectations, the data was not strong enough to get the Fed to increase its target for the federal funds rate. However, the September meeting saw the Fed update its Statement of Economic Projections, including the keenly watched dot plot. The updated dot plot showed policymakers still see another 0.25% hike in 2023, and only 0.50% of rate cuts in 2024; the prior dot plot projected a full 1.00% of rate cuts in 2024. Chairman Powell used the press conference following the September meeting to communicate the Fed’s commitment to the 2% inflation target. Markets extrapolated the updated economic projections to rates being “higher for longer”, with treasury yields moving higher on the day and throughout September. Powell cautioned that the risks of tightening too much versus too little are both present and that the Fed is “in a position to proceed carefully”. The August US Employment report showed that the labor market continued to loosen. Nonfarm payrolls increased by 187,000. However, the prior two months of job gains were revised down by 110,000. Likewise, the unemployment rate increased to 3.8% as the participation rate increased, signaling more workers returned to the labor market. Wage growth slowed to 4.2% on the year and just 0.2% for the month. The combination of slowing job creation, higher participation, and slower wage growth is exactly the job market the Federal Reserve wants to see as it shows that a soft landing, where the job market slows but unemployment stays controlled, is still possible. The Consumer Price Index (CPI) report from August showed that, while inflation data was not as soft as data from June and July, inflation is trending in the right direction. Headline CPI increased 0.6% in August, due mostly to an increase in energy prices. Specifically, gasoline prices increased 10.6% during the month, compared to a 0.2% increase in July. Core CPI increased 0.3% in August, following two consecutive monthly increases of 0.2%. Core CPI strips out volatile energy and food prices and is generally thought to be more reflective of price increases. Taking a step back, the 12-month change in core CPI ticked down to 4.3% from 4.7% last month and was the lowest 12-month increase since September 2021. Additionally, annualizing the last three months of core CPI readings points to core inflation of 2.4%, indicating more recent data is pointing to inflation trending close to the Federal Reserve’s target of 2%. SOURCE: BLOOMBERG Labor Market Loosening 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Layoffs Quits Job Openings 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Headline CPI YoY Core CPI YoY Core CPI MoM 3 Month Annualized Inflation Trending Lower SOURCE: BLOOMBERG Rates Move Higher 3 The combination of economic data, combined with the updated economic projections from the Federal Reserve led to more bear steepening. The 2-year US Treasury yield increased 0.18% to 5.05%, reflecting the lower odds of rate cuts in 2024. Likewise, long-term bond yields also increased, reflecting positive economic data. The 5-year US Treasury yield increased by 0.35% to 4.61%, and the 10-year US Treasury yield increased by 0.46% to 4.57%. Through September, the spread between the 2-year and 10-year treasury yield increased to -0.48%, well above the low of -1.08% in March 2023. Market pricing for rate hikes ended the month exactly where they began, pricing in a 40% chance of a 0.25% hike sometime in 2024. However, the market spent the month pricing cuts out. The implied federal funds rate in December 2024 increased from 4.23% to 4.62%, evidencing the market's belief that the Fed will not need to be as aggressive at cutting rates in 2024. Credit product spreads remained contained in September. The more positive economic outlook combined with lower corporate and municipal bond issuance continues to keep a lid on spreads. Spreads on agency bonds tightened in September, remaining near long-term averages. We will continue to look to add value by picking up incremental yield on high-quality bonds. Rates are at historic levels not seen since 2007, making this a very attractive time to buy duration and lock in yields. SOURCE: BLOOMBERG US Treasury Yield Curve 2.00% 3.00% 4.00% 5.00% 6.00% 3 Month 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 30 Year September 30, 2022 August 31, 2023 September 30, 2023 Brushy Creek Regional Utility Authority (RUA), Texas Quarterly Investment Report July – September 2023 Portfolio Summary Management Report This quarterly report is prepared in compliance with the Investment Policy and Strategy of the Authority and the Public Funds Investment Act (Chapter 2256., Texas Government Code). Portfolio as of June 30, 2023 Portfolio as of September 30, 2023 Beginning Book Value $ 144,451,624 Ending Book Value $ 125,113,368 Beginning Market Value $ 143,861,348 Ending Market Value $ 124,772,442 Investment Income for the period $ 1,462,778 Unrealized Gain/Loss $ (590,276) Unrealized Gain/Loss $ (340,926) Change in Unrealized Gain/Loss $ 249,350 WAM at Beginning Period Date1 98 days WAM at Ending Period Date1 67 days Change in Market Value2 $ (19,088,906) Average Yield to Maturity for period 4.362% Average Yield 2 Year Treasury Note for period 4.920% Authorized by: ________________________________________ ________ ________________________________________________ Karen Bondy, General Manager Jason Headings, Senior Vice President Brushy Creek RUA Meeder Public Funds 1 WAM, represents weighted average maturity. 2 Change in Market Value" is required data, but will primarily reflect the receipt and expenditure of the Authority’s funds from quarter to quarter. Your Portfolio As of September 30, 2023 4 12.0% 51.0% 17.0% 20.0% Treasuries Bank & Pools Commercial Paper Agencies Your Maturity Distribution Your Asset Allocation Weighted Average Maturity 0.18 years Weighted Average Yield (All Funds) 4.32% Your Portfolio Statistics Dollars Invested Allocation Percentage Per Year 63,844,405 62,268,963 0 0 0 0 51% 49% 0% 0% 0% 0% -10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 70,000,000 Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Brushy Creek Reg. Utility Auth Portfolio Management September 30, 2023 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Portfolio Summary -% of Portfolio Book Investments Value Market Value Par Value Days to Term Maturity YTM 365 Equiv. BNY CASH 1,535,130.48 1,535,130.48 1,535,130.48 1.23 1 1 5.220 Commercial Paper Disc. -Amortizing 21,500,000.00 21,261,109.50 21,269,135.01 17.00 130 71 5.628 Federal Agency Coupon Securities 25,000,000.00 24,890,169.25 25,007,466.24 19.99 442 198 4.766 Treasury Coupon Securities 15,000,000.00 14,776,757.85 14,992,361.94 11.98 730 122 1.029 TexSTAR 49,663,333.86 49,663,333.86 49,663,333.86 39.69 1 1 5.311 Wells Fargo 12,645,940.86 12,645,940.86 12,645,940.86 10.11 1 1 1.090 125,113,368.39 100.00% Investments 125,344,405.20 124,772,441.80 198 67 4.315 Current Year September 30 449,457.22 Fiscal Year To Date 5,442,075.82 5,442,075.82 Total Earnings Month Ending Fiscal Year Ending The following reports are submitted in accordance with the Public Funds Investment Act (Texas Gov't Code 2256). The reports also offer supplemental information not required by the Act in order to fully inform the governing body of Brushy Creek Regional Utility Authority of the position and activity within the Authority's portfolio of investment. The reports include a management summary overview, a detailed inventory report for the end of the period, a transaction report, as well as graphic representations of the portfolio to provide full disclosure to the governing body. __________________________________________________ ____________________ Karen Bondy, General Manager Portfolio BCRU Data Updated: SET_BCRU: 10/30/2023 13:10 AP Reporting period 09/01/2023-09/30/2023 Run Date: 10/30/2023 -13:10 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.6.1 10/31/2023 Brushy Creek Reg. Utility Auth Summary by Type Grouped by Fund Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 September 30, 2023 -Security Type % of Portfolio Average Days to Maturity Par Value Number of Investments Average Book Value YTM 365 Fund: Construction Funds Money Market 1 0.00 0.00 0.00 0.000 0 TexSTAR 4 11,144,080.58 11,144,080.58 8.91 5.310 1 Wells Fargo 2 11,754,434.57 11,754,434.57 9.40 1.090 1 Subtotal 7 22,898,515.15 22,898,515.15 18.31 3.144 1 Fund: Construction Funds-2018 SWIFT TexSTAR 2 162,540.25 162,540.25 0.13 5.311 1 Subtotal 2 162,540.25 162,540.25 0.13 5.311 1 Fund: Construction Funds-2021 Commercial Paper Disc. -Amortizing 4 21,500,000.00 21,269,135.01 17.00 5.628 71 TexSTAR 2 20,572,386.80 20,572,386.80 16.44 5.310 1 Subtotal 6 42,072,386.80 41,841,521.81 33.44 5.472 37 Fund: Construction Funds-2022 SWIFT Federal Agency Coupon Securities 2 25,000,000.00 25,007,466.24 19.99 4.766 198 TexSTAR 1 15,140,992.06 15,140,992.06 12.10 5.310 1 Subtotal 3 40,140,992.06 40,148,458.30 32.09 4.972 124 Fund: Escrow Funds TexSTAR 2 0.00 0.00 0.00 0.000 0 Subtotal 2 0.00 0.00 0.00 0.000 0 Fund: Escrow Funds -2018 BNY CASH 1 490.95 490.95 0.00 4.970 1 TexSTAR 2 163,449.89 163,449.89 0.13 5.310 1 Subtotal 3 163,940.84 163,940.84 0.13 5.309 1 Fund: Escrow Funds -2021 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Security Type % of Portfolio Average Days to Maturity Par Value Grouped by Fund Page 2 Summary by Type Brushy Creek Reg. Utility Auth Number of Investments September 30, 2023 Average Book Value YTM 365 Fund: Escrow Funds -2021 BNY CASH 2 1,534,639.53 1,534,639.53 1.23 5.220 1 Treasury Coupon Securities 1 15,000,000.00 14,992,361.94 11.98 1.029 122 Subtotal 3 16,534,639.53 16,527,001.47 13.21 1.418 111 Fund: Escrow Funds -2022 BNY CASH 1 0.00 0.00 0.00 0.000 0 Subtotal 1 0.00 0.00 0.00 0.000 0 Fund: Operating Funds TexSTAR 1 2,479,884.28 2,479,884.28 1.98 5.311 1 Wells Fargo 1 891,506.29 891,506.29 0.71 1.090 1 Subtotal 2 3,371,390.57 3,371,390.57 2.69 4.194 1 Total and Average 29 125,344,405.20 125,113,368.39 100.00 4.315 67 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 ST (PRF_ST) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-September 30, 2023 Fund CON -Construction Funds Investments by Fund Par Value Days To Maturity Maturity Date Current CUSIP Investment # Issuer Market Value Rate Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461110300 10252 TexStar Master 01/01/2018 7,975,525.59 7,975,525.59 7,975,525.59 5.311 5.237 5.310 1 246131030000 10006 TexSTAR -Cedar Park 10/15/2009 0.00 0.00 0.00 3.968 3.913 3.968 1 246141030000 10007 TexSTAR -Leander 10/15/2009 3,168,554.99 3,168,554.99 3,168,554.99 5.311 5.237 5.310 1 246161030000 10008 TexSTAR -Round Rock 10/15/2009 0.00 0.00 0.00 1 Subtotal and Average 11,144,080.58 11,144,080.58 11,144,080.58 5.238 5.311 1 Money Market 6095A 10315 NexBank ICS -Round Rock 09/05/2019 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Wells Fargo 8940 10204 Wells Fargo Bus Chkg -C Park 08/02/2016 6,645,716.27 6,645,716.27 6,645,716.27 1.090 1.075 1.090 1 8932 10205 Wells Fargo Bus Chkg -Leander 08/01/2016 5,108,718.30 5,108,718.30 5,108,718.30 1.090 1.075 1.090 1 Subtotal and Average 11,754,434.57 11,754,434.57 11,754,434.57 1.075 1.090 1 Total Investments and Average 22,898,515.15 22,898,515.15 22,898,515.15 3.101 3.144 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON18 -Construction Funds-2018 SWIFT Investments by Fund Page 2 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461320180 10289 TexSTAR -Cedar Park 03/07/2019 162,540.25 162,540.25 162,540.25 5.311 5.237 5.310 1 2461420180 10290 TexSTAR -Leander 03/04/2019 0.00 0.00 0.00 1 Subtotal and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Total Investments and Average 162,540.25 162,540.25 162,540.25 5.238 5.311 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON21 -Construction Funds-2021 Investments by Fund Page 3 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Commercial Paper Disc. -Amortizing 62479MYT4 10353 MUFG Bank CP -Cedar Park 08/24/2023 6,443,601.67 6,500,000.00 6,442,884.50 5.480 5.560 5.637 11/27/2023 57 63763QYF8 10351 Nat'l Sec Clearing Cedar Park 08/24/2023 4,966,375.00 5,000,000.00 4,964,850.00 5.380 5.447 5.523 11/15/2023 45 8923A1YL9 10352 Toyota Puerto Rico-Cedar Park 08/24/2023 4,962,083.34 5,000,000.00 4,961,020.00 5.460 5.533 5.610 11/20/2023 50 89119ABG2 10350 Toronto Dominion CP-Cedar Park 05/25/2023 4,897,075.00 5,000,000.00 4,892,355.00 5.370 5.661 5.739 02/16/2024 138 Subtotal and Average 21,269,135.01 21,500,000.00 21,261,109.50 5.551 5.628 71 TexSTAR 2461120211 10334 TexSTAR -Cedar Park 02/01/2022 14,158,838.30 14,158,838.30 14,158,838.30 5.311 5.237 5.310 1 2461120210 10335 TexSTAR -Leander 02/01/2022 6,413,548.50 6,413,548.50 6,413,548.50 5.311 5.237 5.310 1 Subtotal and Average 20,572,386.80 20,572,386.80 20,572,386.80 5.238 5.311 1 Total Investments and Average 41,841,521.81 42,072,386.80 41,833,496.30 5.397 5.472 36 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund CON22 -Construction Funds-2022 SWIFT Investments by Fund Page 4 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 Federal Agency Coupon Securities 3130ATVC8 10345 FHLB Note -Leander 01/30/2023 10,011,820.32 10,000,000.00 9,941,734.90 4.875 4.624 4.688 06/14/2024 257 3130ATUQ8 10346 FHLB Note -Leander 01/31/2023 14,995,645.92 15,000,000.00 14,948,434.35 4.750 4.752 4.818 03/08/2024 159 Subtotal and Average 25,007,466.24 25,000,000.00 24,890,169.25 4.701 4.766 198 TexSTAR 2461110301 10347 TexSTAR -Leander 01/12/2023 15,140,992.06 15,140,992.06 15,140,992.06 5.311 5.237 5.310 1 Subtotal and Average 15,140,992.06 15,140,992.06 15,140,992.06 5.238 5.311 1 Total Investments and Average 40,148,458.30 40,140,992.06 40,031,161.31 4.903 4.972 123 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC -Escrow Funds Investments by Fund Page 5 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 246122009001 10001 TexSTAR -Leander 10/01/2009 0.00 0.00 0.00 1 246122009002 10002 TexSTAR -Round Rock 10/01/2009 0.00 0.00 0.00 1.401 1.381 1.401 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC18 -Escrow Funds -2018 Investments by Fund Page 6 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 99997 10270 BNY Cash -Cedar Park 10/01/2022 490.95 490.95 490.95 4.970 4.901 4.970 1 Subtotal and Average 490.95 490.95 490.95 4.902 4.970 1 TexSTAR 2461220180 10284 TexSTAR -Cedar Park 02/15/2019 163,449.89 163,449.89 163,449.89 5.311 5.237 5.310 1 2461220181 10285 TexSTAR -Leander 02/28/2019 0.00 0.00 0.00 1 Subtotal and Average 163,449.89 163,449.89 163,449.89 5.238 5.311 1 Total Investments and Average 163,940.84 163,940.84 163,940.84 5.237 5.309 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC21 -Escrow Funds -2021 Investments by Fund Page 7 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999910 10329 BNY Cash -Cedar Park 10/01/2022 1,145,254.70 1,145,254.70 1,145,254.70 5.220 5.148 5.220 1 999911 10330 BNY Cash -Leander 10/01/2022 389,384.83 389,384.83 389,384.83 5.220 5.148 5.220 1 Subtotal and Average 1,534,639.53 1,534,639.53 1,534,639.53 5.148 5.220 1 Treasury Coupon Securities 91282CDV0 10332 T Note -Cedar Park 01/31/2022 14,992,361.94 15,000,000.00 14,776,757.85 0.875 1.015 1.029 01/31/2024 122 Subtotal and Average 14,992,361.94 15,000,000.00 14,776,757.85 1.015 1.029 122 Total Investments and Average 16,527,001.47 16,534,639.53 16,311,397.38 1.399 1.418 110 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund ESC22 -Escrow Funds -2022 Investments by Fund Page 8 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 BNY CASH 999912 10344 BNY Cash -Leander 11/29/2022 0.00 0.00 0.00 1 Subtotal and Average 0.00 0.00 0.00 0.000 0.000 0 Total Investments and Average 0.00 0.00 0.00 0.000 0.000 0 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 September 30, 2023 Par Value Days To Maturity Maturity Date Current Market Value Rate Fund OPER -Operating Funds Investments by Fund Page 9 CUSIP Investment # Issuer Purchase Date Book Value YTM 360 YTM 365 TexSTAR 2461111110 10254 TexStar Master 01/01/2018 2,479,884.28 2,479,884.28 2,479,884.28 5.311 5.237 5.310 1 Subtotal and Average 2,479,884.28 2,479,884.28 2,479,884.28 5.238 5.311 1 Wells Fargo 5125 10199 Wells Fargo Bus Chkg -Oper 05/26/2016 891,506.29 891,506.29 891,506.29 1.090 1.075 1.090 1 Subtotal and Average 891,506.29 891,506.29 891,506.29 1.075 1.090 1 Total Investments and Average 3,371,390.57 3,371,390.57 3,371,390.57 4.137 4.194 1 Portfolio BCRU AP Run Date: 10/30/2023 -13:15 FI (PRF_FI) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Cash Reconciliation Report For the Period July 1, 2023 -September 30, 2023 Par Value Cash Trans. Investment # Fund Type Security ID Trans. Date Security Description Maturity Date Purchases Interest Redemptions 07/31/2023 10332 ESC21 Interest 91282CDV0 15,000,000.00 TNOTCP 15.0M 0.88% Mat. 01/31/2024 0.00 65,625.00 0.00 65,625.00 08/17/2023 10348 CON21 Maturity 912796Z36 10,000,000.00 TBCP 10.0M 0.00% Mat. 08/17/2023 08/17/2023 0.00 0.00 10,000,000.00 10,000,000.00 08/18/2023 10349 CON21 Maturity 62479MVJ9 5,000,000.00 MUFGCP 5.0M 0.00% Mat. 08/18/2023 0.00 0.00 5,000,000.00 5,000,000.00 08/24/2023 10342 CON21 Interest 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 8,125.00 0.00 8,125.00 08/24/2023 10342 CON21 Maturity 3137EAEV7 6,500,000.00 FHMCP 6.5M 0.25% Mat. 08/24/2023 0.00 0.00 6,500,000.00 6,500,000.00 08/24/2023 10351 CON21 Purchase 63763QYF8 5,000,000.00 NSCCCP 5.0M 5.38% Mat. 11/15/2023 -4,937,980.56 0.00 0.00 -4,937,980.56 08/24/2023 10352 CON21 Purchase 8923A1YL9 5,000,000.00 TCPRCP 5.0M 5.46% Mat. 11/20/2023 -4,933,266.67 0.00 0.00 -4,933,266.67 08/24/2023 10353 CON21 Purchase 62479MYT4 6,500,000.00 MUFGCP 6.5M 5.48% Mat. 11/27/2023 -6,406,002.78 0.00 0.00 -6,406,002.78 09/08/2023 10346 CON22 Interest 3130ATUQ8 15,000,000.00 FHLBLE 15.0M 4.75% Mat. 03/08/2024 0.00 356,250.00 0.00 356,250.00 09/20/2023 10338 CON21 Interest 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 103,125.00 0.00 103,125.00 09/20/2023 10338 CON21 Maturity 3130ATFF9 5,000,000.00 FHLBLE 5.0M 4.13% Mat. 09/20/2023 0.00 0.00 5,000,000.00 5,000,000.00 09/26/2023 10340 CON21 Interest 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 139,750.00 0.00 139,750.00 09/26/2023 10341 CON21 Interest 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 107,500.00 0.00 107,500.00 09/26/2023 10340 CON21 Maturity 3130ATGX9A 6,500,000.00 FHLBCP 6.5M 4.30% Mat. 09/26/2023 0.00 0.00 6,500,000.00 6,500,000.00 09/26/2023 10341 CON21 Maturity 3130ATGX9B 5,000,000.00 FHLBLE 5.0M 4.30% Mat. 09/26/2023 0.00 0.00 5,000,000.00 5,000,000.00 Subtotal -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Total -16,277,250.01 780,375.00 38,000,000.00 22,503,124.99 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 AC (PRF_AC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Purchases Report Sorted by Fund -Issuer July 1, 2023 -September 30, 2023 Original Par Value Ending Book Value Sec. Fund Type Maturity YTM Accrued Interest CUSIP Investment # Issuer Payment Periods at Purchase Date Purchase Date Principal Purchased Rate at Purchase Construction Funds-2021 62479MYT4 10353 CON21 ACP MUFGCP 6,500,000.00 08/24/2023 11/27 -At Maturity 6,406,002.78 5.480 11/27/2023 5.560 6,443,601.67 63763QYF8 10351 CON21 ACP NSCCCP 5,000,000.00 08/24/2023 11/15 -At Maturity 4,937,980.56 5.380 11/15/2023 5.448 4,966,375.00 8923A1YL9 10352 CON21 ACP TCPRCP 5,000,000.00 08/24/2023 11/20 -At Maturity 4,933,266.67 5.460 11/20/2023 5.534 4,962,083.34 Subtotal 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Total Purchases 16,500,000.00 16,277,250.01 0.00 16,372,060.01 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Maturity Report Sorted by Maturity Date Amounts due during July 1, 2023 -September 30, 2023 Rate Par Value at Maturity Sec. Fund Type Maturity Date Maturity Interest Proceeds Income Net CUSIP Investment # Issuer Purchase Date Book Value at Maturity 912796Z36 10348 CON21 ATD TBCP 10,000,000.00 08/17/2023 02/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 62479MVJ9 10349 CON21 ACP MUFGCP 5,000,000.00 08/18/2023 02/17/2023 5,000,000.00 0.00 5,000,000.00 0.00 3137EAEV7 10342 CON21 FAC FHMCP 6,500,000.00 08/24/2023 09/28/2022 0.250 6,500,000.00 8,125.00 6,508,125.00 8,125.00 3130ATFF9 10338 CON21 FAC FHLBLE 5,000,000.00 09/20/2023 09/20/2022 4.125 5,000,000.00 103,125.00 5,103,125.00 103,125.00 3130ATGX9A 10340 CON21 FAC FHLBCP 6,500,000.00 09/26/2023 09/27/2022 4.300 6,500,000.00 139,750.00 6,639,750.00 139,750.00 3130ATGX9B 10341 CON21 FAC FHLBLE 5,000,000.00 09/26/2023 09/27/2022 4.300 5,000,000.00 107,500.00 5,107,500.00 107,500.00 Total Maturities 38,000,000.00 38,000,000.00 358,500.00 38,358,500.00 358,500.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:01 MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Interest Earnings Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Fund -Fund -July 1, 2023 -September 30, 2023 Yield on Beginning Book Value Maturity Date Current Rate Ending Par Value Security Ending Fund Type Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Annualized Adjusted Interest CUSIP Investment # Yield Interest Earned Fund: Construction Funds 246161030000 10008 CON RRP 0.00 2,179,998.88 0.00 0.562 3,089.28 0.00 3,089.28 246141030000 10007 CON RRP 3,168,554.99 3,188,688.54 3,168,554.99 5.311 5.220 41,953.72 0.00 41,953.72 8932 10205 CON RR5 5,108,718.30 294,265.26 5,108,718.30 1.090 2.348 1,741.83 0.00 1,741.83 8940 10204 CON RR5 6,645,716.27 2.45 6,645,716.27 1.090 ***.*** 9,187.56 0.00 9,187.56 2461110300 10252 CON RRP 7,975,525.59 7,425,803.42 7,975,525.59 5.311 6.137 114,868.02 0.00 114,868.02 6095A 10315 CON RR4 0.00 2,744,923.53 0.00 1.501 10,381.78 0.00 10,381.78 Subtotal 22,898,515.15 15,833,682.08 22,898,515.15 4.541 181,222.19 0.00 181,222.19 Fund: Construction Funds-2018 SWIFT 2461320180 10289 CON18 RRP 162,540.25 512,844.82 162,540.25 5.311 2.883 3,726.75 0.00 3,726.75 2461420180 10290 CON18 RRP 0.00 429,206.35 0.00 1.703 1,842.85 0.00 1,842.85 Subtotal 162,540.25 942,051.17 162,540.25 2.346 5,569.60 0.00 5,569.60 Fund: Construction Funds-2021 2461120211 10334 CON21 RRP 14,158,838.30 13,477,022.01 14,158,838.30 5.311 4.299 146,017.91 0.00 146,017.91 2461120210 10335 CON21 RRP 6,413,548.50 8,184,769.94 6,413,548.50 5.311 2.997 61,820.49 0.00 61,820.49 3130ATGX9A 10340 CON21 FAC 0.00 6,499,362.09 0.00 09/26/2023 4.300 4.301 65,993.06 637.91 66,630.97 3130ATGX9B 10341 CON21 FAC 0.00 4,999,509.30 0.00 09/26/2023 4.300 4.301 50,763.89 490.70 51,254.59 3130ATFF9 10338 CON21 FAC 0.00 5,000,000.00 0.00 09/20/2023 4.125 4.079 45,260.42 0.00 45,260.42 3137EAEV7 10342 CON21 FAC 0.00 6,462,784.49 0.00 08/24/2023 0.250 4.142 2,392.36 37,215.51 39,607.87 912796Z36 10348 CON21 ATD 0.00 9,937,407.16 0.00 08/17/2023 4.892 0.00 62,592.84 62,592.84 62479MVJ9 10349 CON21 ACP 0.00 4,966,933.33 0.00 08/18/2023 5.062 0.00 33,066.67 33,066.67 62479MYT4 10353 CON21 ACP 6,500,000.00 0.00 6,443,601.67 11/27/2023 5.480 5.638 0.00 37,598.89 37,598.89 89119ABG2 10350 CON21 ACP 5,000,000.00 4,828,458.33 4,897,075.00 02/16/2024 5.370 5.638 0.00 68,616.67 68,616.67 63763QYF8 10351 CON21 ACP 5,000,000.00 0.00 4,966,375.00 11/15/2023 5.380 5.523 0.00 28,394.44 28,394.44 8923A1YL9 10352 CON21 ACP 5,000,000.00 0.00 4,962,083.34 11/20/2023 5.460 5.611 0.00 28,816.67 28,816.67 Subtotal 42,072,386.80 64,356,246.65 41,841,521.81 4.432 372,248.13 297,430.30 669,678.43 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Maturity Date Current Rate Ending Par Value Security Ending Fund Type Page 2 Book Value Beginning Book Value Adjusted Interest Earnings Accretion Amortization/Earnings Adjusted Interest July 1, 2023 -September 30, 2023 Interest Earnings Brushy Creek Reg. Utility Auth Annualized CUSIP Investment # Yield Interest Earned Fund: Construction Funds-2022 SWIFT 2461110301 10347 CON22 RRP 15,140,992.06 14,942,775.63 15,140,992.06 5.311 5.263 198,216.43 0.00 198,216.43 3130ATVC8 10345 CON22 FAC 10,000,000.00 10,016,025.18 10,011,820.32 06/14/2024 4.875 4.661 121,875.00 -4,204.86 117,670.14 3130ATUQ8 10346 CON22 FAC 15,000,000.00 14,993,149.95 14,995,645.92 03/08/2024 4.750 4.779 178,125.00 2,495.97 180,620.97 Subtotal 40,140,992.06 39,951,950.76 40,148,458.30 4.931 498,216.43 -1,708.89 496,507.54 Fund: Escrow Funds -2018 2461220180 10284 ESC18 RRP 163,449.89 161,310.14 163,449.89 5.311 5.263 2,139.75 0.00 2,139.75 99997 10270 ESC18 LA1 490.95 92.34 490.95 4.970 ***.*** 400.27 0.00 400.27 Subtotal 163,940.84 161,402.48 163,940.84 6.244 2,540.02 0.00 2,540.02 Fund: Escrow Funds -2021 999910 10329 ESC21 LA1 1,145,254.70 1,065,649.75 1,145,254.70 5.220 5.406 14,521.74 0.00 14,521.74 999911 10330 ESC21 LA1 389,384.83 384,449.32 389,384.83 5.220 5.190 5,028.98 0.00 5,028.98 91282CDV0 10332 ESC21 TRC 15,000,000.00 14,986,602.10 14,992,361.94 01/31/2024 0.875 1.026 32,989.84 5,759.84 38,749.68 Subtotal 16,534,639.53 16,436,701.17 16,527,001.47 1.407 52,540.56 5,759.84 58,300.40 Fund: Operating Funds 5125 10199 OPER RR5 891,506.29 3,941,829.69 891,506.29 1.090 0.697 6,926.06 0.00 6,926.06 2461111110 10254 OPER RRP 2,479,884.28 2,827,760.06 2,479,884.28 5.311 5.897 42,034.16 0.00 42,034.16 Subtotal 3,371,390.57 6,769,589.75 3,371,390.57 2.869 48,960.22 0.00 48,960.22 Total 125,344,405.20 144,451,624.06 125,113,368.39 4.144 1,161,297.15 301,481.25 1,462,778.40 Portfolio BCRU AP Run Date: 10/31/2023 -10:58 IE (PRF_IE) 7.2.0 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Amortization Schedule Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 July 1, 2023 -September 30, 2023 -Sorted By Fund -Fund Original Premium or Discount Maturity Date Current Rate Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal Construction Funds-2021 10340 6,500,000.00 -2,694.25 4.300 09/26/2023 0.00 2,056.34 -637.91 CON21 6,497,305.75 637.91 0.00 FHLB Note -Cedar Park 2,694.25 10341 5,000,000.00 -2,072.50 4.300 09/26/2023 0.00 1,581.80 -490.70 CON21 4,997,927.50 490.70 0.00 FHLB Note -Leander 2,072.50 10342 6,500,000.00 -228,910.50 0.250 08/24/2023 0.00 191,694.99 -37,215.51 CON21 6,271,089.50 37,215.51 0.00 FHLMC Note -Cedar Park 228,910.50 10349 08/18/2023 5,000,000.00 -125,377.78 0.00 92,311.11 -33,066.67 CON21 4,874,622.22 33,066.67 0.00 MUFG Bank CP -Cedar Park 125,377.78 10353 6,500,000.00 -93,997.22 5.480 11/27/2023 6,443,601.67 0.00 -93,997.22 CON21 6,406,002.78 37,598.89 -56,398.33 MUFG Bank CP -Cedar Park 37,598.89 10351 5,000,000.00 -62,019.44 5.380 11/15/2023 4,966,375.00 0.00 -62,019.44 CON21 4,937,980.56 28,394.44 -33,625.00 Nat'l Sec Clearing Cedar Park 28,394.44 10348 08/17/2023 10,000,000.00 -241,049.03 0.00 178,456.19 -62,592.84 CON21 9,758,950.97 62,592.84 0.00 T Bill -Cedar Park 241,049.03 10352 5,000,000.00 -66,733.33 5.460 11/20/2023 4,962,083.34 0.00 -66,733.33 CON21 4,933,266.67 28,816.67 -37,916.66 Toyota Puerto Rico-Cedar Park 28,816.67 10350 5,000,000.00 -199,137.50 5.370 02/16/2024 4,897,075.00 27,595.83 -171,541.67 CON21 4,800,862.50 68,616.67 -102,925.00 Toronto Dominion CP-Cedar Park 96,212.50 Subtotal -1,021,991.55 21,269,135.01 493,696.26 297,430.30 -528,295.29 53,478,008.45 791,126.56 -230,864.99 Construction Funds-2022 SWIFT 10345 10,000,000.00 23,080.00 4.875 06/14/2024 10,011,820.32 -7,054.82 16,025.18 CON22 10,023,080.00 -4,204.86 11,820.32 FHLB Note -Leander -11,259.68 10346 15,000,000.00 -11,010.00 4.750 03/08/2024 14,995,645.92 4,159.95 -6,850.05 CON22 14,988,990.00 2,495.97 -4,354.08 FHLB Note -Leander 6,655.92 Subtotal 12,070.00 25,007,466.24 -2,894.87 -1,708.89 9,175.13 25,012,070.00 -4,603.76 7,466.24 Escrow Funds -2021 10332 15,000,000.00 -45,703.12 0.875 01/31/2024 14,992,361.94 32,305.22 -13,397.90 ESC21 14,954,296.88 5,759.84 -7,638.06 T Note -Cedar Park 38,065.06 Subtotal -45,703.12 14,992,361.94 32,305.22 5,759.84 -13,397.90 14,954,296.88 38,065.06 -7,638.06 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Original Premium or Discount Maturity Date Current Rate July 1, 2023 -September 30, 2023 Beginning Par Value Ending Book Value Amount Amortized Fund Amort. Date This Period Amortization Schedule Page 2 Brushy Creek Reg. Utility Auth Amounts Amortized And Unamortized As of 07/01/2023 Amt Amortized Through 09/30/2023 Amount Unamortized Through 09/30/2023 Investment # Issuer Purchase Principal -1,055,624.67 61,268,963.19 523,106.61 301,481.25 -532,518.06 Total 93,444,375.33 824,587.86 -231,036.81 Portfolio BCRU AP Run Date: 10/31/2023 -11:00 AS (PRF_ASW) 7.2.1 Report Ver. 7.3.6.1 Brushy Creek Reg. Utility Auth Projected Cashflow Report Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746 Sorted by Monthly -For the Period October 1, 2023 -April 30, 2024 Fund Security ID Original Cost Principal Interest Total Transaction Investment # Type Issuer Par Value Projected Trans. Date November 2023 11/15/2023 10351 CON21 63763QYF8 Maturity Nat'l Sec Clearing Cedar Park 5,000,000.00 4,937,980.56 5,000,000.00 0.00 5,000,000.00 11/20/2023 10352 CON21 8923A1YL9 Maturity Toyota Puerto Rico-Cedar Park 5,000,000.00 4,933,266.67 5,000,000.00 0.00 5,000,000.00 11/27/2023 10353 CON21 62479MYT4 Maturity MUFG Bank CP -Cedar Park 6,500,000.00 6,406,002.78 6,500,000.00 0.00 6,500,000.00 Total for November 2023 16,500,000.00 16,277,250.01 16,500,000.00 0.00 16,500,000.00 December 2023 12/14/2023 10345 CON22 3130ATVC8 Interest FHLB Note -Leander 0.00 0.00 0.00 243,750.00 243,750.00 Total for December 2023 0.00 0.00 0.00 243,750.00 243,750.00 January 2024 01/31/2024 10332 ESC21 91282CDV0 Maturity T Note -Cedar Park 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 Total for January 2024 15,000,000.00 14,954,296.88 15,000,000.00 65,625.00 15,065,625.00 February 2024 02/16/2024 10350 CON21 89119ABG2 Maturity Toronto Dominion CP-Cedar Park 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 Total for February 2024 5,000,000.00 4,800,862.50 5,000,000.00 0.00 5,000,000.00 March 2024 03/08/2024 10346 CON22 3130ATUQ8 Maturity FHLB Note -Leander 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 Total for March 2024 15,000,000.00 14,988,990.00 15,000,000.00 356,250.00 15,356,250.00 GRAND TOTALS: 51,500,000.00 51,021,399.39 51,500,000.00 665,625.00 52,165,625.00 Portfolio BCRU AP Run Date: 10/31/2023 -11:02 PC (PRF_PC) 7.2.0 Report Ver. 7.3.6.1 Meeder Public Funds 901 S. MoPac Suite 300 Austin, TX 78746-Brushy Creek Reg. Utility Auth Texas Compliance Change in Val Report Sorted by Fund July 1, 2023 -September 30, 2023 Redemptions Change in Value Inv # Issuer Fund Purch Date Interest Accrual Book Value Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending Fund: Construction Funds 10006 CON 246131030000 TXSCP 10/15/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10007 CON 246141030000 TXSLE 10/15/2009 41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 3,168,554.99 5.310 //41,953.72 3,188,688.54 41,953.72 62,087.27 -20,133.55 3,168,554.99 10008 CON 246161030000 TXSRR 10/15/2009 3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 0.00 0.000 //3,089.28 2,179,998.88 2,758,394.59 4,938,393.47 -2,179,998.88 0.00 10204 CON 8940 WFBCCP 08/02/2016 9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 6,645,716.27 1.090 //9,187.56 2.45 44,657,062.56 38,011,348.74 6,645,713.82 6,645,716.27 10205 CON 8932 WFBCLE 08/01/2016 1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 5,108,718.30 1.090 //1,741.83 294,265.26 10,568,616.83 5,754,163.79 4,814,453.04 5,108,718.30 10206 CON 8916 WFBCRR 08/01/2016 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10252 CON 2461110300 TXMAST 01/01/2018 114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 7,975,525.59 5.310 //114,868.02 7,425,803.42 19,600,963.11 19,051,240.94 549,722.17 7,975,525.59 10314 CON 6095 NXMMRR 09/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10315 CON 6095A NICSRR 09/05/2019 10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 0.00 0.000 //10,381.78 2,744,923.53 10,381.78 2,755,305.31 -2,744,923.53 0.00 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 181,222.19 15,833,682.08 77,637,372.59 70,572,539.52 7,064,833.07 22,898,515.15 Sub Totals For: Fund: Construction Funds Fund: Construction Funds-Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 2 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10286 CON17 2461320170 TXSCP 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10287 CON17 2461420170 TXSLE 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10288 CON17 2461620170 TXSRR 02/04/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10289 CON18 2461320180 TXSCP 03/07/2019 3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 162,540.25 5.310 //3,726.75 512,844.82 3,726.75 354,031.32 -350,304.57 162,540.25 10290 CON18 2461420180 TXSLE 03/04/2019 1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 0.00 0.000 //1,842.85 429,206.35 1,842.85 431,049.20 -429,206.35 0.00 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 5,569.60 942,051.17 5,569.60 785,080.52 -779,510.92 162,540.25 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10334 CON21 2461120211 TXSCP 02/01/2022 146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 14,158,838.30 5.310 //146,017.91 13,477,022.01 22,219,644.30 21,537,828.01 681,816.29 14,158,838.30 10335 CON21 2461120210 TXSLE 02/01/2022 61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 6,413,548.50 5.310 //61,820.49 8,184,769.94 6,246,500.25 8,017,721.69 -1,771,221.44 6,413,548.50 10338 CON21 3130ATFF9 FHLBLE 09/20/2022 45,260.42 5,000,000.00 0.00 5,000,000.00 -5,000,000.00 0.00 0.00 0.000 09/20/2023 103,125.00 4,982,575.65 0.00 5,000,000.00 -4,982,575.65 0.00 10340 CON21 3130ATGX9A FHLBCP 09/27/2022 65,993.06 6,499,362.09 0.00 6,500,000.00 -6,499,362.09 0.00 0.00 0.000 09/26/2023 139,750.00 6,478,131.40 0.00 6,500,000.00 -6,478,131.40 0.00 10341 CON21 3130ATGX9B FHLBLE 09/27/2022 50,763.89 4,999,509.30 0.00 5,000,000.00 -4,999,509.30 0.00 0.00 0.000 09/26/2023 107,500.00 4,983,178.00 0.00 5,000,000.00 -4,983,178.00 0.00 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 3 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10342 CON21 3137EAEV7 FHMCP 09/28/2022 2,392.36 6,462,784.49 0.00 6,500,000.00 -6,462,784.49 0.00 0.00 0.000 08/24/2023 8,125.00 6,454,425.25 0.00 6,500,000.00 -6,454,425.25 0.00 10348 CON21 912796Z36 TBCP 02/17/2023 0.00 9,937,407.16 0.00 10,000,000.00 -9,937,407.16 0.00 0.00 0.000 08/17/2023 0.00 9,935,431.20 0.00 10,000,000.00 -9,935,431.20 0.00 10349 CON21 62479MVJ9 MUFGCP 02/17/2023 0.00 4,966,933.33 0.00 5,000,000.00 -4,966,933.33 0.00 0.00 0.000 08/18/2023 0.00 4,964,270.00 0.00 5,000,000.00 -4,964,270.00 0.00 10350 CON21 89119ABG2 TRDMCP 05/25/2023 0.00 4,828,458.33 0.00 0.00 68,616.67 4,897,075.00 5,000,000.00 5.661 02/16/2024 0.00 4,819,915.00 0.00 0.00 72,440.00 4,892,355.00 10351 CON21 63763QYF8 NSCCCP 08/24/2023 0.00 0.00 4,937,980.56 0.00 4,966,375.00 4,966,375.00 5,000,000.00 5.447 11/15/2023 0.00 0.00 4,937,980.56 0.00 4,964,850.00 4,964,850.00 10352 CON21 8923A1YL9 TCPRCP 08/24/2023 0.00 0.00 4,933,266.67 0.00 4,962,083.34 4,962,083.34 5,000,000.00 5.533 11/20/2023 0.00 0.00 4,933,266.67 0.00 4,961,020.00 4,961,020.00 10353 CON21 62479MYT4 MUFGCP 08/24/2023 0.00 0.00 6,406,002.78 0.00 6,443,601.67 6,443,601.67 6,500,000.00 5.560 11/27/2023 0.00 0.00 6,406,002.78 0.00 6,442,884.50 6,442,884.50 372,248.13 64,356,246.65 44,743,394.56 67,555,549.70 -22,514,724.84 41,841,521.81 566,338.40 64,279,718.45 44,743,394.56 67,555,549.70 -22,446,222.15 41,833,496.30 Sub Totals For: Fund: Construction Funds-Fund: Construction Funds-10345 CON22 3130ATVC8 FHLBLE 01/30/2023 121,875.00 10,016,025.18 0.00 0.00 -4,204.86 10,011,820.32 10,000,000.00 4.688 06/14/2024 0.00 9,942,041.60 0.00 0.00 -306.70 9,941,734.90 10346 CON22 3130ATUQ8 FHLBLE 01/31/2023 178,125.00 14,993,149.95 0.00 0.00 2,495.97 14,995,645.92 15,000,000.00 4.818 03/08/2024 356,250.00 14,926,706.10 0.00 0.00 21,728.25 14,948,434.35 10347 CON22 2461110301 TXSLE 01/12/2023 198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 15,140,992.06 5.310 //198,216.43 14,942,775.63 198,216.43 0.00 198,216.43 15,140,992.06 498,216.43 39,951,950.76 198,216.43 0.00 196,507.54 40,148,458.30 554,466.43 39,811,523.33 198,216.43 0.00 219,637.98 40,031,161.31 Sub Totals For: Fund: Construction Funds-Fund: Debt Service Funds Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 4 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10003 DS 246131023000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10004 DS 246141023000 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10005 DS 246161023000 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10253 DS 2461110230 TXMAST 01/01/2018 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Debt Service Funds Fund: Escrow Funds 10000 ESC 246122009000 TXSCP 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10001 ESC 246122009001 TXSLE 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10002 ESC 246122009002 TXSRR 10/01/2009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10267 ESC 99994 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10268 ESC 99995 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10283 ESC 99998 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds Fund: Escrow Funds -2017 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 5 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10223 ESC17 99991 CASHCP 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10224 ESC17 99992 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10225 ESC17 99993 CASHRR 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10280 ESC17 2461220170 TXSCP 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10281 ESC17 2461220171 TXSLE 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10282 ESC17 2461220172 TXSRR 01/30/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2017 Fund: Escrow Funds -2018 10269 ESC18 99996 CASHLE 10/01/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 10270 ESC18 99997 CASHCP 10/01/2022 400.27 92.34 371,149.11 370,750.50 398.61 490.95 490.95 4.970 //398.61 92.34 371,149.11 370,750.50 398.61 490.95 10284 ESC18 2461220180 TXSCP 02/15/2019 2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 163,449.89 5.310 //2,139.75 161,310.14 2,139.75 0.00 2,139.75 163,449.89 10285 ESC18 2461220181 TXSLE 02/28/2019 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 2,540.02 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 2,538.36 161,402.48 373,288.86 370,750.50 2,538.36 163,940.84 Sub Totals For: Fund: Escrow Funds -2018 Fund: Escrow Funds -2021 Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Redemptions Change in Value Book Value July 1, 2023 -September 30, 2023 Texas Compliance Change in Val Report Page 6 Brushy Creek Reg. Utility Auth Inv # Issuer Fund Purch Date Interest Accrual Beginning Book Value Purchases/Additions Ending Cusip Par Value YTM Mat Date Interest Received Beginning Market Value Market Value Ending 10329 ESC21 999910 CASHCP 10/01/2022 14,521.74 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 1,145,254.70 5.220 //13,979.95 1,065,649.75 79,604.95 0.00 79,604.95 1,145,254.70 10330 ESC21 999911 CASHLE 10/01/2022 5,028.98 384,449.32 4,935.51 0.00 4,935.51 389,384.83 389,384.83 5.220 //4,935.51 384,449.32 4,935.51 0.00 4,935.51 389,384.83 10332 ESC21 91282CDV0 TNOTCP 01/31/2022 32,989.84 14,986,602.10 0.00 0.00 5,759.84 14,992,361.94 15,000,000.00 1.029 01/31/2024 65,625.00 14,613,281.25 0.00 0.00 163,476.60 14,776,757.85 52,540.56 16,436,701.17 84,540.46 0.00 90,300.30 16,527,001.47 84,540.46 16,063,380.32 84,540.46 0.00 248,017.06 16,311,397.38 Sub Totals For: Fund: Escrow Funds -2021 Fund: Escrow Funds -2022 10344 ESC22 999912 CASHLE 11/29/2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000 //0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sub Totals For: Fund: Escrow Funds -2022 Fund: Operating Funds 10199 OPER 5125 WFBCOP 05/26/2016 6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 891,506.29 1.090 //6,926.06 3,941,829.69 34,682,406.78 37,732,730.18 -3,050,323.40 891,506.29 10254 OPER 2461111110 TXMAST 01/01/2018 42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 2,479,884.28 5.310 //42,034.16 2,827,760.06 886,351.16 1,234,226.94 -347,875.78 2,479,884.28 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 48,960.22 6,769,589.75 35,568,757.94 38,966,957.12 -3,398,199.18 3,371,390.57 Sub Totals For: Fund: Operating Funds 1,161,297.15 144,451,624.06 158,611,140.44 178,250,877.36 -19,338,255.67 125,113,368.39 1,443,635.66 143,861,347.58 158,611,140.44 178,250,877.36 -19,088,905.78 124,772,441.80 Report Grand Totals: Portfolio BCRU Run Date: 10/31/2023 -11:03 TC (PRF_TC) 7.0 Report Ver. 7.3.6.1 Meeder Public Funds Barton Oaks Plaza I 901 S. MoPac Expy Suite 300 Austin, Texas 78746 866.633.3371 Disclosures Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported. Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy.